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The Transport Advisory Committee (TAC) today (February 22) discussed fare adjustment applications made by Hong Kong Tramways Limited and the urban, New Territories and Lantau taxi trades.
TAC Chairman, Mr Rimsky Yuen, said that in deliberating the fare adjustment applications from the tram and taxi trades, TAC had considered and balanced various factors including public acceptability.
Members had also noted the relevant operational aspects (including changes in operation costs) and financial positions of these trades.
"Taking into account all the relevant factors, the TAC will submit its recommendations to the Government for consideration by the Chief Executive in Council," he said.
Ends/Tuesday, February 22, 2011
Issued at HKT 18:48
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